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Nov 17, 2023

Timber firm inks Bristol warehouse deal

Falcon Timber has agreed a £2.6m lease for new warehouse facilities in Bristol.

Falcon Timber has agreed a £2.6m lease for new warehouse facilities in Bristol. Law firm Mills & Reeve advised Falcon on the deal.

The business has signed a ten-year lease for 30,000 sq ft at Boscombe Business Park in Bristol. The new facility is the latest deal for Falcon Timber which is an importer and distributor of wood-based panel products.

Most recently the company signed a £3.9m lease for warehouse facilities at the Merlin Park industrial estate in Birmingham.

Founded in 1986, Falcon Timber has a nationwide network of depots, with sites in Gateshead, Haydock, High Wycombe, Leeds, Nottingham and Birmingham.

Headquartered in Tilbury, Essex, the company employs 112 people and has a turnover of £89.5m. It supplies customers across the globe including Europe, the Middle East and South East Asia, and its increase warehouse facilities is business growth strategy across the UK.

Steve Whysall, managing director of distribution and product groups at Falcon Timber, said: "Falcon Timber has been servicing customers in the South West for many years, mainly through our depots in High Wycombe and Birmingham. To truly offer existing and prospective customers the service levels and range of product expected from a Falcon Timber customer, a permanent presence in this part of the country was required.

"The site that Tim found was perfect and as an out of the ground project, it has allowed some bespoke modification that will aid our nationwide distribution model. The support and management from the whole acquisition team has been first rate and highly welcomed during this exciting step of Falcon Timber's growth."

Graham Collier, principal associate at Mills & Reeve who advised Falcon Timber, added: "Having worked closely with the team at Falcon Timber for many years, it was a pleasure to advise on another new site as they plough ahead with their ambitious growth plans."

The agent for Falcon Timber was Tim Gilbertson at FHP and the surveyor was Simon Molsom at Gaskell.

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